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- Alladapt Immunotherapeutics
Alladapt Immunotherapeutics Valuation, Funding & Investors
Alladapt Immunotherapeutics is valued at $229M as of February 2020.
Last Alladapt Immunotherapeutics valuation
$229M
Series C · Feb 2020
Last Alladapt Immunotherapeutics funding round
$119M
Undisclosed stage · Jun 2022
Cumulative funding Alladapt Immunotherapeutics raised
$179M
across 2 funding rounds
Key investors in Alladapt Immunotherapeutics
Gurnet Point Capital
Novartis
Anne Wojcicki
Jeff Weiner
WestRiver Group
Patient Square Capital
About Alladapt Immunotherapeutics
Alladapt Immunotherapeutics is a New York-based clinical-stage biopharma developing oral immunotherapies for food allergies. Its lead candidate, ADP101, addresses multiple allergens including peanut, milk, and egg in pediatric patients. Founded in 2018 and backed by Regeneron Ventures, the company advanced Phase 3 trials from Boston headquarters, targeting desensitization for children aged one to three.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$229M (Feb 2020)
Sectors
Alladapt Immunotherapeutics Valuation
Alladapt Immunotherapeutics is currently valued at $229M, based on its Series C in February 2020.
The $60M round was led by Gurnet Point Capital, with participation from Sacha Lainovic, TRB Advisors, Camino Partners, Dave Bunning, Stephanie Winston Wolkoff and 3 other investors.
Alladapt Immunotherapeutics valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Feb 2020 | Series C | $229M |
Alladapt Immunotherapeutics Funding History
Alladapt Immunotherapeutics has raised a total of $179M across 2 funding rounds.
Alladapt Immunotherapeutics' first fundraising round was a $60M Series C in February 2020. The most recent completed round was a $119M undisclosed-stage round in June 2022.
Alladapt Immunotherapeutics funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2022 | Undisclosed stage | Patient Square Capital (lead); WestRiver Group; Red Tree Venture Capital; Novartis; Gurnet Point Capital; AllerFund | $119M | - | Alladapt Immunotherapeutics is a private, clinical-stage biopharmaceutical company developing prescription therapeutics to address IgE-mediated food allergy, with its lead product candidate ADP101 aimed at treating the majority of U.S. food allergy patients through oral immunotherapy. On June 22, 2022, the company announced the closing of an oversubscribed $119 million institutional financing round led by Enavate Sciences, a portfolio company created by Patient Square Capital. Additional investors included founding investor Gurnet Point Capital, along with new investors Allerfund, Novartis, Red Tree Venture Capital, and West River Management. Proceeds are designated to support ongoing clinical development of ADP101, preparation for a potential pivotal trial, buildout of the company's manufacturing facility, and pipeline expansion. The financing reflects strong investor enthusiasm for Alladapt's approach to oral immunotherapy as a key treatment option in the food allergy landscape, with Patient Square Capital's Managing Partner Jim Momtazee joining the board. Alladapt's CFO Glenn Reicin highlighted the syndicate's substantial investment enabling expanded development of ADP101. Gurnet Point Capital's Sophie Kornowski reaffirmed commitment to Alladapt's patient-aligned vision. |
| Feb 2020 | Series C | Gurnet Point Capital (lead); Sacha Lainovic; TRB Advisors; Camino Partners; Dave Bunning; Stephanie Winston Wolkoff; John Arrillaga, Jr.; Jeff Weiner; Anne Wojcicki | $60M | $229M | Alladapt Immunotherapeutics, founded in 2018 and based in Menlo Park, California, is a clinical-stage biopharmaceutical company developing prescription therapeutics for IgE-mediated food allergies, with its lead candidate ADP101 targeting multiple allergens. The company completed a $60 million Series C financing on February 20, 2020, led by Gurnet Point Capital, a healthcare-focused investment fund involved since Alladapt's inception, alongside investors including Anne Wojcicki, Camino Partners, Dave Bunning, Jeff Weiner, John Arrillaga Jr., Sacha Lainovic, Stephanie Winston Wolkoff, and TRB Advisors. Proceeds support the development of food allergy therapeutics, leveraging an in-house team of experts, distinguished scientific advisors, and patient perspectives in product formulation and clinical plans. Gurnet Point, founded by Ernesto Bertarelli and led by Christopher Viehbacher, provides long-term capital and operational expertise to advance therapies from bench to bedside. The financing underscores investor confidence in Alladapt's novel approach to improve access to effective treatments for underserved food allergy patients. Alladapt has raised additional capital post-Series C, including a $100+ million round in 2022 led by Enavate Sciences with participation from Gurnet Point, Novartis, Allerfund, Red Tree Venture Capital, and WestRiver Group to fund ADP101 clinical development, manufacturing buildout, and pipeline expansion. The company operates in a competitive biotech landscape with peers like PureTech Health, Dren Bio, and IgGenix. |
Who has invested in Alladapt Immunotherapeutics?
14 investors have backed Alladapt Immunotherapeutics across its funding rounds, including Gurnet Point Capital, Novartis, Anne Wojcicki, Jeff Weiner, WestRiver Group and Patient Square Capital.
Lead investors include Patient Square Capital and Gurnet Point Capital.
Alladapt Immunotherapeutics Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Feb 2020 | ||
| 1 | Participant | Jun 2022 | ||
| 1 | Lead | Jun 2022 | ||
| -- | 1 | Participant | Feb 2020 | |
| 1 | Participant | Jun 2022 | ||
| 1 | Participant | Jun 2022 | ||
| 1 | Participant | Feb 2020 | ||
| 1 | Participant | Feb 2020 | ||
| -- | 1 | Participant | Feb 2020 | |
| -- | 1 | Participant | Feb 2020 | |
| 1 | Participant | Feb 2020 | ||
| 1 | Participant | Jun 2022 | ||
This data is available for Pro users. Sign up to see all 14 Alladapt Immunotherapeutics investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAlladapt Immunotherapeutics Competitors
Alladapt Immunotherapeutics competitors include listed companies like Cardiol Therapeutics, Compugen, Whitehawk Therapeutics and Keros Therapeutics, and private ones like SOM Biotech and NextRNA Therapeutics.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | - | ($25M) | $230M | - | ||
| Publicly listed | $73M | $31M | $230M | 3.9x | ||
| Private | - | - | $230M | - | ||
| Publicly listed | $7M | ($27M) | $233M | 20.9x | ||
| Publicly listed | $244M | $93M | $225M | - | ||
| Private | - | - | $234M | - |
Alladapt Immunotherapeutics Public Comps
Alladapt Immunotherapeutics is still privately-owned, but its public comps include Cardiol Therapeutics, Compugen, Keros Therapeutics, Whitehawk Therapeutics, Adagene, Guangzhou Innogen Pharma, Anavex Life Sciences, Adimmune, Sai Parenteral's and Tetratherix.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| - | ($25M) | - | - | (8.6x) | (10.5x) | |||
| $73M | $31M | 1.5x | 3.9x | 3.5x | - | |||
| $244M | $93M | - | - | - | - | |||
| $7M | ($27M) | 6.0x | 20.9x | (1.6x) | - | |||
| $8M | ($19M) | 15.6x | 21.9x | (6.2x) | (4.2x) | |||
| $20M | ($50M) | 3.9x | 1.8x | (1.5x) | (2.3x) | |||
| - | ($51M) | - | - | (2.1x) | - | |||
| $44M | ($3M) | 6.3x | - | (84.5x) | - | |||
This data is available for Pro users. Sign up to see all Alladapt Immunotherapeutics competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Alladapt Immunotherapeutics
| When was Alladapt Immunotherapeutics founded? | Alladapt Immunotherapeutics was founded in 2018. |
| Where is Alladapt Immunotherapeutics headquartered? | Alladapt Immunotherapeutics is headquartered in San Francisco, CA, United States. |
| Is Alladapt Immunotherapeutics publicly listed? | No, Alladapt Immunotherapeutics is a private, VC-backed company. |
| What is Alladapt Immunotherapeutics' valuation? | Alladapt Immunotherapeutics was last valued at $229M in its Series C in February 2020. |
| How much funding has Alladapt Immunotherapeutics raised? | Alladapt Immunotherapeutics has raised $179M across 2 funding rounds. |
| What was Alladapt Immunotherapeutics' last funding round? | Alladapt Immunotherapeutics' last funding round was a $119M undisclosed-stage round in June 2022, led by Patient Square Capital. |
| Who are Alladapt Immunotherapeutics' investors? | Alladapt Immunotherapeutics' investors include Gurnet Point Capital, WestRiver Group, Patient Square Capital, Sacha Lainovic, Red Tree Venture Capital, Novartis, TRB Advisors, Camino Partners, Dave Bunning, Stephanie Winston Wolkoff and 4 others. |
| Which companies are comparable to Alladapt Immunotherapeutics? | Companies comparable to Alladapt Immunotherapeutics include Cardiol Therapeutics, Compugen, SOM Biotech, Whitehawk Therapeutics, Keros Therapeutics and NextRNA Therapeutics. |
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